Higher Selic
- Input
- Cenário acima do gatilho
- Expected output
- Regime clássico de 0,5% a.m. + TR
Useful to understand the rule seen in many recent periods.
brazil savings yield rule
Brazilian savings yield rule: when it changes
Savings accounts look simple, but the rule changes with Selic, and that catches many people off guard.
Continue in the tool
Open full toolWhat to watch in Brazilian savings
- When Selic is above the legal trigger, savings tend to follow 0.5% per month + TR; below it, the rule becomes tied to the policy rate.
- Even though the operational simplicity is appealing, that does not automatically mean better returns than CDB or Tesouro Selic.
Comparisons that matter
Comparison with CDB
- Input
- Mesmo principal e prazo
- Expected output
- Rendimento líquido pode ser inferior ao de alternativas conservadoras
Helpful when balancing simplicity against yield.
Full tool FAQ
Since 2012, savings use two rules: if Selic > 8.5% p.a. → 0.5%/month + TR; if Selic ≤ 8.5% p.a. → 70% of Selic/month + TR.
Frequently asked questions
Does Brazilian savings always yield 0.5% per month?
No. It depends on Selic and the rule in force for the relevant period.
Does TR matter much?
In many periods it adds only a little, but it still forms part of the legal yield composition.